An initiative leveraging cooperation to reduce flaring and greenhouse gas emissions and advance the Permian Basin as a low carbon source of energy.
The Permian Basin, located in West Texas and southeastern New Mexico, has experienced significant growth in shale oil and gas extraction, particularly through the use of advanced drilling techniques such as hydraulic fracturing (fracking) and horizontal drilling. The Permian Basin has played a crucial role in making the United States one of the world's leading oil and gas producers. This provides an opportunity to utilize collaboration for minimizing flaring and greenhouse gas emissions, promoting the Permian Basin as a source of low-carbon energy.
The Permian Dialog strives to establish a cooperative methane emissions monitoring network in the Permian Basin to provide decision-useful information to operators for cost-effective emissions reduction. This is an opportunity to drive the narrative about emissions from the Permian and ensure that scientifically-credible data is being developed.
The Permian Dialog also aims to provide small, less well-resourced operators in the Permian Basin with education, training and financial assistance to facilitate cost-effective emissions reduction. The program will be funded by the DOE and administered by the Petroleum Technology Transfer Council and an advisory board with representatives from industry, academia, and environmental groups.